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Human Resources

Policies and Procedures

Retirement

Updated 2/28/13

Employees may elect early retirement at age fifty-five (55) with five (5) years of service with the College.

Such employees may apply for continuation in the group insurance program which is in existence at the time of retirement. The employees will be notified of any premium increase, and must pay the entire monthly premium or apply for a conversion policy with the insurance company which is in existence at the time of retirement.

The Human Resources Office will assist the employee in determining benefits and necessary details needed to apply for approval annuity programs.

Voluntary Early Retirement Incentive Program for Tenured Faculty

Tenured faculty with at least 15-years of service and at least age 60 prior to September 1st of the initial year of participation are eligible. The program requires that the terminal year of participation be completed no later than the academic year (through August 31st) that the faculty member reaches age 65.Detailed Program Description